Eve, the first spin-off startup of Brazilian planemaker Embraer to go public, has set a 2026 deadline to put its electric vertical take-off and landing (eVTOL) vehicle on the market. In an interview with The Brazilian Report, Eve’s co-CEO André Stein explained why this is likely to succeed and what puts the Brazilian firm on the vanguard of a yet-to-be-built but potentially billion-dollar market.
eVTOL aircraft use electricity to hover, take off, and land vertically — technology that was nonexistent not so many years ago, and has only been made possible by advances in electric propulsion. The idea is that...